19/2011
19/2011
Appointment of a chartered auditor
Current Report No. 19/2011
Date of preparation: 9 June 2011
Subject: Appointment of a chartered auditor
General legal basis: Article 56.1.2 of the Act on Public Offering – current and periodicinformation
Contents:
The Management Board of Lubelski Węgiel Bogdanka S.A. (the “Company”) hereby announces that on 8 June 2011 the Company’s Supervisory Board, by means of a written vote, adopted a resolution on appointing PricewaterhouseCoopers Sp. z o.o. with registered office in Warsaw, Al. Armii Ludowej 14, as an entity authorised to carry out a review of the Company's separate financial statements for the first half of 2011, the Group’s consolidatedfinancial statements for the first half of 2011, and to carry out an audit of the Company's financial statements for 2011 and the Group’s consolidated financial statements for 2011, drawn up in accordance with the International Accounting Standards (IAS).
The agreement will be concluded for a period enabling the subject matter of the agreement to be performed.
Since 16 February 1995 PricewaterhouseCoopers Spółka z ograniczoną odpowiedzialnością has been entered in the list of entities authorised to audit financial statements, maintained by the National Chamber of Chartered Auditors under entry number 144.
The Company made use of the services of PricewaterhouseCoopers Sp. z o.o. with regard to the audit of the consolidated financial statements of the Group for three financial years covering jointly the period from 1 January 2006 until 31 December 2008 and with regard to the examination of the forecasts of the Group’s financial results for the period from 1 January until 31 December 2009, which was related to the preparation of the Issue Prospectus. Inaddition, PricewaterhouseCoopers Sp. z o.o. audited the Company's financial statements for2009 and 2010, consolidated financial statements of the Group for 2008, 2009 and 2010, and reviewed separate financial statements as well as the Group’s consolidated financial statements for the first half of 2009 and the first half of 2010. Further, on 30 May 2011, the Company signed with PricewaterhouseCoopers Sp. z o.o. an agreement on consultancy services for the purpose of analysing the Corporate Social Responsibility (CSR) and preparing a relevant Strategy.
The Company’s Supervisory Board appointed the chartered auditor pursuant to Article 32.1.4 of the Company’s Articles of Association. The appointment complied with the binding provisions and professional standards.
Legal Basis: Article 5.1.19 of the Regulation of the Minister of Finance on the Stock Exchange
Date of preparation: 9 June 2011
Subject: Appointment of a chartered auditor
General legal basis: Article 56.1.2 of the Act on Public Offering – current and periodicinformation
Contents:
The Management Board of Lubelski Węgiel Bogdanka S.A. (the “Company”) hereby announces that on 8 June 2011 the Company’s Supervisory Board, by means of a written vote, adopted a resolution on appointing PricewaterhouseCoopers Sp. z o.o. with registered office in Warsaw, Al. Armii Ludowej 14, as an entity authorised to carry out a review of the Company's separate financial statements for the first half of 2011, the Group’s consolidatedfinancial statements for the first half of 2011, and to carry out an audit of the Company's financial statements for 2011 and the Group’s consolidated financial statements for 2011, drawn up in accordance with the International Accounting Standards (IAS).
The agreement will be concluded for a period enabling the subject matter of the agreement to be performed.
Since 16 February 1995 PricewaterhouseCoopers Spółka z ograniczoną odpowiedzialnością has been entered in the list of entities authorised to audit financial statements, maintained by the National Chamber of Chartered Auditors under entry number 144.
The Company made use of the services of PricewaterhouseCoopers Sp. z o.o. with regard to the audit of the consolidated financial statements of the Group for three financial years covering jointly the period from 1 January 2006 until 31 December 2008 and with regard to the examination of the forecasts of the Group’s financial results for the period from 1 January until 31 December 2009, which was related to the preparation of the Issue Prospectus. Inaddition, PricewaterhouseCoopers Sp. z o.o. audited the Company's financial statements for2009 and 2010, consolidated financial statements of the Group for 2008, 2009 and 2010, and reviewed separate financial statements as well as the Group’s consolidated financial statements for the first half of 2009 and the first half of 2010. Further, on 30 May 2011, the Company signed with PricewaterhouseCoopers Sp. z o.o. an agreement on consultancy services for the purpose of analysing the Corporate Social Responsibility (CSR) and preparing a relevant Strategy.
The Company’s Supervisory Board appointed the chartered auditor pursuant to Article 32.1.4 of the Company’s Articles of Association. The appointment complied with the binding provisions and professional standards.
Legal Basis: Article 5.1.19 of the Regulation of the Minister of Finance on the Stock Exchange